Why Scope Creep Can Make You More Money [#ThrowbackThursday] | Ep. 175

This episode is a re-run. It was originally published on July 2022. What is a “scope creep” and how does it help your business to make more money? Listen here! Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: ⁠⁠⁠⁠⁠https://quantumcs.co/casestudy-podcast⁠⁠⁠⁠⁠ If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io Timestamps: (1:39) - The biggest issue that we always see with like trying to put claims is the incident surrounding the claim has already happened (2:49) - They were giving so much additional work, they weren't, actually making much progress on the original scope (4:39) - The lesson really to learn from this is you can look at scope creep and doing additional work in two ways (5:59) - We underbid in the front end to win the work because we're so confident with our contracts that in the back end we're gonna make all the money on variations (6:22) - As long as we're good doing our paperwork, then we're gonna make an absolute fortune on that project. DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have. Follow our Socials and let's get connected! ⤵️ ⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter